Boom: Revised June Sales Pops

Bang! I am sure you heard several cracks, booms and bangs over the Forth of July weekend, and along with the celebration the Alameda Real Estate market had a last minute pop of closed sales to boost the month.

With twelve additional sales posted to the Multiple Listing Service (MLS) over the long weekend it was cause for celebration. The last minute surge would take May from a very below performing to flat year-over-year with 41 sales in both 2008 and 2009.

The only down side to the revised numbers is median sale to list price drop from 98-percent to 97-percent. And the median sales price dropped from $607,000 to $599,000.

But overall it shows that sales are beginning to moving. The last minute sales impacted overall inventory.

The total number of units for sale dropped 12-units to 161.

. Sale Date Address Type List Price Sale Price % . 6/2/2009 153 PAYOT CT SFR $519900 $489000 94% . 6/2/2009 14 REDONDO CT CONDO $540000 $510000 94% . 6/5/2009 248 CHESWICK COURT SFR $624900 $625000 100% . 6/5/2009 632 SANDALWOOD ISLE SFR $750000 $735000 98% . 6/5/2009 1810 HIBBARD STREET SFR $469000 $436000 93% . 6/9/2009 807 SANTA CLARA AVE SFR $445000 $471000 106% . 6/10/2009 1639 PEARL STREET SFR $749000 $740000 99% . 6/10/2009 35 MCDONNEL ROAD SFR $609000 $589000 97% . 6/11/2009 1902 CHESTNUT ST MFR $658000 $703000 107% . 6/11/2009 15 ANDERSON ROAD SFR $899000 $850000 95% . 6/12/2009 2137 OTIS DRIVE #102 CONDO $350000 $325000 93% . 6/12/2009 17 TIPPERARY CT SFR $838000 $800000 95% . 6/12/2009 10 CHATHAM PT SFR $739000 $735000 99% . 6/15/2009 1812 MULBERRY STREET SFR $615000 $610000 99% . 6/16/2009 31 OAK PARK DR CONDO $499000 $500000 100% . 6/16/2009 3042 WINDSOR DR SFR $564900 $605000 107% . 6/18/2009 2135 BUENA VISTA AVE MFR $769000 $719000 93% . 6/18/2009 22 MILLINGTON COURT SFR $638000 $620000 97% . 6/18/2009 126 PURCELL DR SFR $739000 $751000 102% . 6/19/2009 2135 BUENA VISTA AVE SFR $769000 $719000 93% . 6/19/2009 1072 JOST LN CONDO $419000 $416890 99% . 6/19/2009 1641 KOFMAN PKWY SFR $818000 $795000 97% . 6/22/2009 1530 GRAND ST SFR $529000 $475000 90% . 6/24/2009 1187 HILLERY WAY SFR $609000 $609000 100% . 6/24/2009 2616 BUENA VISTA AVE SFR $685000 $710000 104% . 6/25/2009 116 BANNISTER WAY SFR $499000 $465000 93% . 6/25/2009 2524 EAGLE AVE SFR $499000 $511000 102% . 6/25/2009 965 SHOREPOINT COURT #208 CONDO $329000 $310000 94% . 6/26/2009 1333 WEBSTER ST #A300 CONDO $298000 $250500 84% . 6/26/2009 1613 STANTON ST SFR $329900 $325000 99% . 6/26/2009 1201 CENTRAL AVE SFR $599000 $575000 96% . 6/26/2009 1081 ISLAND DR CONDO $449000 $425000 95% . 6/26/2009 1546 PEARL ST SFR $789000 $760000 96% . 6/26/2009 2919 WINDSOR DR SFR $620000 $633000 102% . 6/26/2009 1088 MELROSE AVE CONDO $469000 $440000 94% . 6/30/2009 928 WILLOW STREET SFR $769900 $735000 95% . 6/30/2009 2843 MADISON ST SFR $599000 $599000 100% . 6/30/2009 111 JUSTIN CIR SFR $699000 $701000 100% . 6/30/2009 965 SHOREPOINT CT #211 CONDO $169900 $191000 112% . 6/30/2009 3324 FIR AVE CONDO $488880 $474888 97% . 6/30/2009 81 MAITLAND DRIVE MFR $550000 $490000 89%

Inventory Data

. 7/5/2009 . Total 161 . 94501 132 . 94502 29 . SFR 96 . Condo 36 . Multi-Family 27 . Short Sale 12 . Foreclosure 8 . Price Reductions 61 . High List $2,345,000 . Low List $215,000 .